A handwritten letter and cash found inside a cardboard box left in front of the Deokcheon Police Precinct in Busan / Courtesy of Busan Bukbu Police Station By KTimes A family receiving basic livelihood support has touched people’s hearts by collecting scrap for money and using their savings to provide Christmas gifts for those in…
The Federal Reserve announced an additional 25 basis point cut at its final meeting of 2024 and signaled it will deliver two more rate cuts in 2025. Lower rates impact consumers’ mortgages, loans, credit cards, savings accounts, and more. Vanguard head of brokerage and investments Andrew Kadjeski joins Wealth with Alexandra Canal to talk about…
The right high-yield savings account could help you reach your savings goals in the coming year. Getty Images In recent years, savers have earned exceptionally high yields thanks to a series of interest rate hikes designed to combat inflation. Yields have dipped slightly since September, when the Federal Reserve cut the federal funds rate for…
The Federal Reserve cut the federal funds rate this month, which means deposit rates will soon follow. It’s more important than ever to ensure you’re earning the highest rate possible on your savings, and a high-yield savings account could be the solution. These accounts pay more interest than the typical savings account — as much…
A young woman has been backed online for refusing to let her mom have access to her savings account. In a post on Reddit’s popular AITAH “Am I the A**hole?” forum, user ComprehensiveWin82 explained how her mom, aged 48, has been pressuring her to grant access to her hard-earned savings in case of “family emergencies.”…
Saving more money for future goals, including retirement, is a popular New Year’s resolution. But it’s also easier said than done. Often, it involves making changes to your lifestyle and spending habits so you can free up additional cash for retirement savings. But that’s only the first step. You also have to decide where to…
Savings rates on several accounts still have annual percentage yields between 3.7% and 5%. Since the Federal Reserve lowered interest rates, your savings APY could see a slight dip. A high-yield savings account allows you to withdraw and deposit money when you need it. With only one week left in the year, the best high-yield…
The consequences of falling for a romance scam can be devastating, both financially and emotionally. They’re something a 67-year-old woman who now lives in her car in Vista knows all too well. Katherine Goodson told NBC 7 that she sent thousands of dollars to scammers, thinking it was for actor Keanu Reeves. She decided to…
RICHMOND, Va. (WWBT/Gray News) – An 80-year-old woman in Virginia is fighting to regain her life savings after she said scammers took them all. This past month, Kay received a message from someone she thought was her bank. The message said her account was restricted and that she needed to contact a specific number to…
PORTLAND — Norway Savings Bank team members continued their surprise holiday “Helping Hands” donations to many worthy, local nonprofits this week with a special stop at the Greater Portland Immigrant Welcome Center, bringing a $1,000 check for the organization with them. The center aims to help the area’s thriving immigrant community fully reach its “civic,…
